Printer Friendly

CHECK EXPRESS AND ACE CASH EXPRESS TERMINATE NEGOTIATIONS

 CHECK EXPRESS AND ACE CASH EXPRESS TERMINATE NEGOTIATIONS
 TAMPA, Fla., Nov. 25 /PRNewswire/ -- Check Express, Inc. (NASDAQ: CHXS), owner, operator and franchisor of retail check cashing centers, today announced that the company and Ace Cash Express, Inc., a privately held Texas concern, were terminating merger negotiations.
 Check Express President Peter Borer stated: "We are disappointed that after so much time and effort we were unable to conclude the transaction with Ace. However, we remain comfortable with the company's ability to continue on the course set prior to our negotiations with Ace."
 Check Express currently operates 55 company and franchised retail money centers which provide check cashing, money orders, money transfers and related services.
 -0- 11/25/91
 /CONTACT: Larry Lang or Eugene Maleski of Check Express, 813-289-2888/
 (CHXS) CO: Check Express, Inc.; Ace Cash Express, Inc. ST: Florida IN: REA SU: TNM


BN-BR -- AT011 -- 6952 11/25/91 15:07 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 25, 1991
Words:151
Previous Article:OVERSIGHT BOARD NAMES LEON T. KENDALL TO REGION 3 ADVISORY BOARD
Next Article:SUPERIOR COURT AFFIRMS ASSESSMENT APPEALS BOARD RULING; ORANGE COUNTY ASSESSOR BRAD JACOBS LOSES CABLE TV ASSESSMENT BATTLE FOR SECOND TIME
Topics:


Related Articles
ACE CASH EXPRESS, INC. ANNOUNCES PURCHASE OF FOUR STORES
ACE Cash Express Commences Integration of 107-Store Acquisition; Total Store Network Surpasses 1,200 Locations.
ACE Cash Express to Present at U.S. Bancorp Piper Jaffray Financial Services Conference.
ACE Cash Express Announces Third Quarter Conference Call April 20, 2001, 4 p.m. EDT.
ACE Cash Express Announces Fiscal 2001 Conference Call August 16, 2001, 4 p.m. EDT.
ACE Cash Express Announces First Quarter Conference Call October 25, 2001, 4 p.m. EDT.
ACE Cash Express Announces the Sale of 19 South Florida Stores.
ACE Cash Express Announces 2002 Annual Meeting of Shareholders November 15, 2002, 10 a.m. CST.
ACE Cash Express Opens 1500th Store; Consumer Demand for Traditional Banking Alternatives Drives Growth.
ACE Cash Express Named as Top Franchisor; Entrepreneur Magazine Ranks ACE as Best in Category.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters